A swap is A) another name for a put option. B) another name ...

[MGLQZ]

A swap is
 
  A) another name for a put option.
  B) another name for a call option.
  C) an agreement between two or more persons to exchange sets of cash flows over some future period.
  D) the name for the replacement of a futures contract by an options contract.

Question 2

According to the IS equation, a change in which of the following will cause a change in output?
 
  A) real interest rate
  B) autonomous investment
  C) marginal propensity to consume
  D) all of the above
  E) none of the above

[gabrielle_lawrence]

Answer to Question 1

C

Answer to Question 2

D

[MGLQZ]

YES! Correct, THANKS for helping me on my review

[kswal303]

Thanks for the timely response, appreciate it